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MoU for transporting coal from MCL

MoU for transporting coal from MCL

The State Government signed an MoU with coal and railway ministries in New Delhi recently to form a special purpose vehicle (SPV) for evacuation of coal through rail from Talcher coalfields.

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Tight deadlines for coal blocks winners

Tight deadlines for coal blocks winners

Winners of producing coal blocks will have one month to apply for statutory permissions for transfer of the blocks in their names or face a deduction in the performance bank guarantee, according to a Coal Ministry timeline. Deviation from the mining plan of such blocks would need to be submitted within four months and approved within 10 months.